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Pipeline operator faces record fine after Gulf of Mexico oil spill

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USA

Trump says Ukraine did not target Putin's residence as Russia claims

The US president said that following a US probe into Kremlin allegations, officials found that Ukraine did not launch an attack targeting Russian President Vladimir Putin’s residence in the Novgorod region.

USA

Rubio: US to enforce oil blockade but not govern Venezuela post-Maduro

US Secretary of State Marco Rubio suggested that Washington will seek to influence policy change in Venezuela through oil blockades, but not be involved in the day-to-day running of the country following a Saturday operation which overthrew and captured Nicolas Maduro.

USA

Cuba is something we'll end up talking about, says Trump

US President Donald Trump suggested that Cuba could become a new focus of his administration’s foreign policy, calling the country a “failing nation” as Secretary of State Marco Rubio signalled a tougher stance toward Havana.

Business

Denmark’s Ørsted files legal challenge to Trump’s wind project block

The move comes after the US government suspended leases on all large US offshore wind projects in December.

Culture news

Tommy Lee Jones’ daughter found dead at San Francisco hotel

Victoria Kafka Jones was pronounced dead at the scene after emergency services were called to the Fairmont Hotel in the early hours of the morning.

USA

Zohran Mamdani vows to 'reinvent' New York in first speech as mayor

Mamdani pledges to reel in a new era of New York in his first speech as mayor, vowing to govern “expansively and audaciously” to fulfil campaign promises and improve the lives of millions of New Yorkers “abandoned” by previous administrations.

Markets

A respite for sofas and spaghetti: Trump eases and delays tariffs

Planned tariff hikes on imported furniture are pushed back a year, while punishing tariffs on Italian pasta are scaled down after months of negotiations.

Business

Warren Buffett, ‘Oracle of Omaha,’ retires after 60 years in business

Warren Buffett’s departure as CEO marks the end of an era at Berkshire Hathaway for the business 'sage' whose unpretentious approach reshaped modern investing.